CADJPY Bearish Technically as well as Fundamentally
OIL will take time to create bottom, nearly 1-3 years. OIL is positively correlated with CAD so CAD will remain under-pressured, which advocate CAD SELL for long time.
We are going to have Tariffs war again between TRUMP and CHINA, any tariffs from any side will create the demand for JPY, so JPY will be bullish making the JPY crosses (USDJPY, CADJPY, EURJPY etc) a big sell.
We are going to have Tariffs war again between TRUMP and CHINA, any tariffs from any side will create the demand for JPY, so JPY will be bullish making the JPY crosses (USDJPY, CADJPY, EURJPY etc) a big sell.
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